A fantastic opportunity for investors looking to secure a property in a prime location with 10 commercial tenants, ranging from retail, restaurant, and professional office use. The property offers over 15,000 Square Feet of space, and sits on approximately 1.5 acres, for a variety of commercial needs. Built in 1965, it has undergone remodeling, renovation and updating, including re coating of the flat membrane roof (done in 2021); new metal canopy; wet sprinkler system; and insulation under roof deck and exterior walls; all windows are double pane; ensuring a comfortable and efficient space for tenants. Contains 3 phase electric. The property includes over 80 parking spaces.
Situated in the heart of Utica, New York, a well-known area for its growing population, and recent influx of investment into the city with the Wynn Downtown Hospital, and chip manufacturing plant, Wolfspeed. The area is highly desirable due to its proximity to Hannaford Supermarkets, McDonalds, Dunkin, and other commercial shops, generating heavy traffic flow to and from the Plaza, making it an ideal commercial spot for business.